Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
3 WEST SCAR is a small extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £169,950 in April 2015, which was around 7% below the average April 2015 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 3 WEST SCAR since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 3 WEST SCAR sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2015 21 APR | £169,950 | £182,202 | 7% below HPI |
2001 9 NOV | £74,000 | £87,480 | 15% below HPI |
1997 3 JUL | £71,000 | £76,871 | 8% below HPI |
The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The three 3 WEST SCAR sales between July 1997 and April 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2015 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
3 WEST SCAR is 96m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 3 WEST SCAR lies on this distribution: 37% of detached houses are smaller than 3 WEST SCAR, and 61% of houses are larger. Note that EPC data is not available for all properties in Redcar.
3 WEST SCAR sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 3 WEST SCAR, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 WEST SCAR). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
3 WEST SCAR is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 3 on WEST SCAR.